Polkadot (DOT) is one of the leading cryptocurrencies that aims to promote interoperability between different blockchain networks. To enable investors to access this currency without the need to directly interact with trading platforms or digital wallets, exchange-traded products (ETPs) have been launched that track Polkadot’s performance.
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21Shares Polkadot ETP (ADOT):
On February 3, 2021, 21Shares launched its 21Shares Polkadot ETP (ticker: ADOT) on the SIX Swiss Exchange, the world’s first ETP offering direct exposure to the performance of Polkadot. The product gives investors the opportunity to invest in DOT through a regulated and transparent means, without the need to manage the digital assets themselves. Each share in the product is 100% backed by physical possession of DOT, stored using high-level institutional custody solutions. The total expense ratio (TER) for this product is 2.50% per annum.
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Other similar products:
In addition to the 21Shares product, other products that provide exposure to Polkadot’s performance have been launched, including:
AMINA Polkadot ETP: Launched on July 6, 2021, this is a relatively small product with assets under management of around €1 million. Its total expense ratio is 1.25% per annum.
VanEck Polkadot ETN: Launched on September 13, 2021, with assets under management of around €6 million. Total expense ratio is 1.50% per annum.
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The importance of these products:
These products provide investors with a regulated and secure way to invest in Polkadot without having to deal directly with the technical challenges associated with managing digital assets. They also contribute to promoting interoperability between different blockchain networks, which is a key element in the growth of decentralized finance (DeFi).
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Polkadot (DOT) Coin Performance:
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As of January 31, 2025, the NAV of the 21Shares Polkadot ETP was $3.23, with assets under management of $37,604,683.67. The year-to-date return was -17.87%.
These products are a suitable option for investors seeking exposure to Polkadot's performance through regulated and transparent investment vehicles.
